Welcome to the Evolving Gold Free HUB On AGORACOM

Evolving Gold is focused on exploring its significant discovery at Rattlesnake Hills, Wyoming, an alkalic gold system, similar to the Cripple Creek gold district in Colorado, and on gold properties adjacent to the Carlin district of Nevada.

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Message: Re: What-if questions:
1
Dec 15, 2009 10:01PM

Here are my long winded thoughts: I think that gold and industrial metals fall in two distinctly disconnected camps as you know..... Industrial metal prices may rise because inventories are low and emerging market countries are on the move...Gold has hardly any industrial use and is more of an emotional buy and protection from inflation. But with China telling their people to buy more gold and silver in coins and jewelry, they will overtake India in that regard this year and next. Russia is buying gold. Many other central banks are buying too...Being that gold is priced in dollars, one has to make the connection that the U.S. dollar needs to go way up for the price of gold to go way down. While there may be a short term rise in the dollar, with zero percent interest rates and the Fed printing money at a rapid pace with no signs of pulling back, I don't think the price of gold is going to go down too much. Maybe in the next few months it might break $1100, I'm thinking $1300 gold by year end 2010. So, I don't think gold will take a backseat to industrial metals in a big way. That's my rationalization on the gold subject.

I've heard some say that copper is close to topping out. It's gone too high too fast....Moly I don't know too much about..A mixed property would make a lot of sense as a money maker(IF they found a good one) and a diversification. But what would it cost? Would it take a lot of money and focus away from Rattlesnake? I've had more than enough of cheap dilution of shares. I'm tired of the walls put up to the s/p's advance by these cheap p.p. shares....EVG currently has the money for at least two more drill seasons. More when the Feb. $1.50 warrants get exercised...It is my opinion that before they diversify they ought to maximize the s/p connected to their existing properties. Unless they can acquire the property and sit on it for a bit or keep a cap on its expenses...At this point, the company needs to be careful with their money outlays on any project not in their existing repetoire. That's my understanding of the companys existing plans...Get Rattlesnake to prominance first. Also, the geology team are experts in analysis of gold properties. Does that expertise extend to different metal property analysis?...So, a lot of what ifs. What EVG is involved in now is safe. And huge. Not many new gold properties are being found...I've seen many excellent restaurants get into trouble, or worse, fail due to the perils of expansion. I sure don't want any peril to EVG's success. If the company can slyly acquire a good property on the cheap, maybe. But, can they? Do they even care to?

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Dec 16, 2009 08:26AM

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